The market will, however, have to wait for costs to come down even further to make such investments a reality, the boss of the French supermajor said at LNG 18 in Perth on Wednesday.

“I am convinced that a new phase of projects will come – but we have to be patient and not rush,” Pouyanne said at a press conference following a morning plenary address, insisting that LNG producers, buyers, contractors and governments must play their part in getting fresh projects off the ground.

“Beyond